Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Releases Earnings Results

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) released its earnings results on Tuesday. The financial services provider reported $0.86 earnings per share for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a negative return on equity of 0.65% and a negative net margin of 4.86%.

Boardwalk Real Estate Investment Trust Stock Performance

OTCMKTS:BOWFF remained flat at $44.85 during midday trading on Tuesday. The company had a trading volume of 25,832 shares, compared to its average volume of 8,516. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 13.00 and a beta of 0.88. The firm has a 50-day moving average price of $44.07 and a two-hundred day moving average price of $46.61. Boardwalk Real Estate Investment Trust has a one year low of $42.00 and a one year high of $51.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.20 and a quick ratio of 0.20.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and managing multi-family rental communities. Its portfolio consists primarily of apartment buildings and related residential properties, with services centered on providing rental housing and managing the day-to-day operations of its communities.

Boardwalk serves residents in several Canadian provinces, including Alberta, Saskatchewan, Ontario and Quebec. The trust operates under the Boardwalk brand and offers a range of apartment housing options, supported by leasing, maintenance, resident services and property-management operations.

Founded in 1984, Boardwalk has developed into one of Canada’s prominent publicly traded residential landlords.